Oil prices

A fall in US crude oil inventories put a floor on those losses

Unite against OGRA’s proposal, fear hyperinflation and mass exploitation

Recent gas and oil price hikes set to fuel inflation, impacting consumers and industries alike

In ME, tensions rose morning after US, British forces carried out second joint round of strikes on Houthi in Yemen

China’s economy in the fourth quarter expanded by 5.2% YoY

Govt following its bi-monthly schedule, is set to announce new prices on Dec 31

Projection based on global oil price fall, rupee strengthening

Makes move to tackle risk of mounting debt crisis, default

Oil prices rise 2% as a result

Analyst says traders on high alert for signs of wider conflict emerging in ME region that could disrupt supplies